Gold Spot / U.S. Dollar
Long
Updated

Gold Hits New Highs as US-China Tensions Escalate

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๐Ÿ“Œ Gold Outlook: US-China Trade Tensions Fuel New Bullish Wave Amid Policy Uncertainty ๐Ÿงจ๐Ÿ“ˆ
๐ŸŒ Geopolitical Drivers Taking the Lead
On April 15th, President Donald Trump ordered an investigation into potential tariffs on all critical minerals imported into the U.S. โ€“ a move seen as the latest escalation in his ongoing economic confrontation with global trade partners, most notably China.

This development has shaken overall market sentiment, prompting investors to rotate into safe-haven assets like gold, which has surged in response.

At the same time, the U.S. Dollar weakened sharply, nearing 3-year lows last week, further increasing goldโ€™s appeal for holders of other currencies.

๐Ÿฆ Central Bank Uncertainty Adds Fuel to the Fire
Fed Chairman Jerome Powell stated that the central bank would not intervene to โ€œrescueโ€ markets during turbulent periods, suggesting that volatility may persist as hedge funds unwind leverage and global investors remain cautious.

He emphasized that the current volatility may be driven by shifting trade policies and broader uncertainty โ€” which he said is โ€œtoo early to fully diagnose.โ€

With central banks showing no immediate intent to inject liquidity or cut rates, the bullish case for gold remains strong in the coming weeks.

๐Ÿ“Š Technical Outlook: New Highs in Sight, But Volatility Will Be Sharp
Gold continues to print new ATHs, and the dominant strategy right now is to trade with the trend โ€” which clearly remains bullish. In such an environment, sudden drops are normal and not necessarily tied to any single news event.

Rather than attempting to short the market near highs, we are focusing on catching bullish continuation setups after sharp intraday corrections. These will likely form at support zones or classic continuation patterns on M15/M30 timeframes.

๐Ÿ” Price Levels to Watch
๐ŸŸข Support Zones:
3314 โ€“ 3300 โ€“ 3284 โ€“ 3266
๐Ÿ”ด Psychological Resistance:
3380 โ€“ 3396 โ€“ 3410

๐Ÿ’ผ Trade Plan
BUY ZONE:
Entry: 3300 โ€“ 3298
SL: 3264
TP Targets: 3304 โ†’ 3308 โ†’ 3312 โ†’ 3316 โ†’ 3320 โ†’ 3324 โ†’ 3330 โ†’ higher

SELL ZONE (Psychological Reaction Only):
Entry: 3396 โ€“ 3398
SL: 3402
TP Targets: 3392 โ†’ 3388 โ†’ 3384 โ†’ 3380 โ†’ 3376 โ†’ 3370

โš ๏ธ Final Thoughts
We remain firmly buy-biased, especially as gold continues to be driven by macro and political catalysts. Pullbacks should be welcomed โ€” not feared โ€” and seen as opportunities to scale into longs at structure.

While intraday drops may appear sharp and sudden, they often lack fundamental backing and provide the best entry conditions for continuation traders. Be cautious with shorts โ€” unless reacting to extended psychological resistance zones.

Always trade with a clear plan and never forget to honor your TP/SL levels to safeguard your capital.

๐Ÿ’ฌ How are you navigating gold during this surge in global tension? Are you buying dips or waiting for a deeper correction? Let us know below! ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡
Trade active
๐Ÿ“Œ XAU/USD Plan Plays Out Perfectly with Wave 4 Retracement from 0.5 FIB Zone ๐Ÿ”๐Ÿ“ˆ
Todayโ€™s intraday movement followed the projected Wave 4 retracement exactly as planned โ€” delivering a clean dip into a critical key level aligned with the 0.5 Fibonacci retracement, before bouncing sharply.
snapshot
The strategy focused on identifying continuation opportunities within the broader bullish structure, and price respected the buy zone with precision. This shows again how combining market structure with Fibonacci confluence can offer excellent high-probability entries โ€” even in volatile market conditions.

๐Ÿ”‘ What This Tells Us
The correction was shallow, clean, and aligned with technical expectations.

Bulls remain in control as long as price continues to hold above the FIB support.

Next leg higher could aim toward psychological resistance zones near 3380 and beyond.

๐Ÿ”ฅ Shoutout to everyone who followed the MMFLOW daily plan โ€” letโ€™s keep riding the trend with structure, not emotion.

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